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Other Real Estate Owned (Tables)
9 Months Ended
Sep. 30, 2016
Other Real Estate Owned  
Schedule of information pertaining to OREO

The following is a summary of information pertaining to OREO:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

 

2016

 

2015

 

    

 

 

    

Covered

    

 

 

    

 

 

    

Covered

    

 

 

(Dollars in thousands)

 

OREO

 

OREO

 

Total

 

OREO

 

OREO

 

Total

Beginning balance

 

$

24,803

 

$

5,751

 

$

30,554

 

$

26,499

 

$

16,227

 

$

42,726

Additions

 

 

9,296

 

 

2,151

 

 

11,447

 

 

16,190

 

 

6,832

 

 

23,022

Transfers

 

 

4,222

 

 

(4,222)

 

 

 —

 

 

2,245

 

 

(2,245)

 

 

 —

Writedowns

 

 

(1,939)

 

 

(2,131)

 

 

(4,070)

 

 

(2,763)

 

 

(4,910)

 

 

(7,673)

Sold

 

 

(14,171)

 

 

(1,549)

 

 

(15,720)

 

 

(16,258)

 

 

(10,439)

 

 

(26,697)

Ending Balance

 

$

22,211

 

$

 —

 

$

22,211

 

$

25,913

 

$

5,465

 

$

31,378